Warner Bros. Discovery, Inc. (WBD)

US — Communication Services Sector
Peers: LYV  CMCSA  LLYVK  FOXA  WMG  TKO  AMX  RDDT 

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Key Metrics & Ratings

  • symbol WBD
  • Rev/Share 15.2735
  • Book/Share 15.0484
  • PB 1.9822
  • Debt/Equity 0.0039
  • CurrentRatio 1.0739
  • ROIC 0.0013

 

  • MktCap 71356703126.0
  • FreeCF/Share 1.6418
  • PFCF 17.5324
  • PE 147.2066
  • Debt/Assets 0.0014
  • DivYield 0
  • ROE 0.0139

 

  • Rating B
  • Score 3
  • Recommendation Neutral
  • P/E Score 1
  • DCF Score 3
  • P/B Score 3
  • D/E Score 4

Recent Analyst Ratings

Type Ticker Analyst Firm Previous Rating Current Rating Previous Price Target Current Price Target Date
Downgrade WBD Seaport Research Partners Buy Neutral -- -- Dec. 9, 2025
Upgrade WBD Rothschild & Co Redburn Neutral Buy -- $28 Oct. 30, 2025
Upgrade WBD Argus Hold Buy -- -- Oct. 28, 2025
Downgrade WBD KeyBanc Capital Markets Overweight Sector Weight -- -- Sept. 26, 2025
Downgrade WBD TD Cowen Buy Hold -- $14 Sept. 16, 2025
Upgrade WBD MoffettNathanson Neutral Buy $9 $13 Jan. 21, 2025

News

Is Netflix's massive $83 billion Warner Bros. Discovery deal actually a sign of weakness?
NFLX, WBD
Published: December 09, 2025 by: Market Watch
Sentiment: Negative

Some analysts view Netflix's move to acquire Warner Bros. as a sign that it is worried about the growing strength of YouTube and TikTok among younger viewers

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image for news Is Netflix's massive $83 billion Warner Bros. Discovery deal actually a sign of weakness?
Is Warner Bros. Discovery A “Must Have” Or A “Nice To Have?
WBD
Published: December 09, 2025 by: Forbes
Sentiment: Neutral

How bad do you need it? That may be the crucial question for Netflix and Paramount Skydance as they keep tussling over who will acquire part or all of venerable Hollywood studio Warner Bros.

Read More
image for news Is Warner Bros. Discovery A “Must Have” Or A “Nice To Have?
Warner Bros. Discovery is a must-have for Paramount, says MNTN CEO Mark Douglas
PSKY, WBD
Published: December 09, 2025 by: CNBC Television
Sentiment: Positive

Mark Douglas, MNTN CEO, joins 'The Exchange' to discuss the Netflix-Warner Bros. Discovery deal.

Read More
image for news Warner Bros. Discovery is a must-have for Paramount, says MNTN CEO Mark Douglas
Is NFLX's Bid for WBD in Jeopardy Post PSKY's Hostile Offer?
NFLX, WBD
Published: December 09, 2025 by: Zacks Investment Research
Sentiment: Negative

Netflix's $82.7 billion bid for Warner Bros. Discovery is under pressure as Paramount Skydance launches a richer $108.4 billion all-cash offer.

Read More
image for news Is NFLX's Bid for WBD in Jeopardy Post PSKY's Hostile Offer?
Hollywood-hungry Gulf states bankroll Paramount's Warner Bros bid
PSKY, WBD
Published: December 09, 2025 by: Reuters
Sentiment: Neutral

Paramount Skydance's addition of three Gulf sovereign wealth funds to the cast of its $108 billion hostile bid for Warner Bros Discovery marks a relatively rare alliance among the states as they build their own entertainment industries.

Read More
image for news Hollywood-hungry Gulf states bankroll Paramount's Warner Bros bid
Why are Paramount and Netflix overpaying for Warner Bros stock?
WBD
Published: December 09, 2025 by: Invezz
Sentiment: Neutral

Warner Bros stock price has been in a strong bull run this year, making it the best-performing company in the Nasdaq 100 Index. It has jumped to $27, up sharply from the year-to-date low of $7.5.

Read More
image for news Why are Paramount and Netflix overpaying for Warner Bros stock?
Can Paramount Steal Warner Bros. From Netflix With Hostile Bid?
NFLX, PSKY, WBD
Published: December 09, 2025 by: Bloomberg Markets and Finance
Sentiment: Neutral

Whether it's Netflix or Paramount Skydance buying Warner Bros. Discovery, major competition for viewers will still come from YouTube, says Brandon Katz, director of insights and content strategy at Greenlight Analytics.

Read More
image for news Can Paramount Steal Warner Bros. From Netflix With Hostile Bid?
Here's what to expect in Paramount's quest to elbow out Netflix and buy Warner Bros. Discovery
NFLX, PSKY, WBD
Published: December 08, 2025 by: CNBC
Sentiment: Neutral

Paramount submitted an all-cash, $30-per-share tender offer to WBD shareholders Monday. That's the same bid WBD rejected last week when it chose to sell its studio and streaming assets to Netflix.

Read More
image for news Here's what to expect in Paramount's quest to elbow out Netflix and buy Warner Bros. Discovery
Trump says Netflix, Paramount are not his friends as Warner Bros fight heats up
NFLX, PSKY, WBD
Published: December 08, 2025 by: Reuters
Sentiment: Neutral

U.S. President Donald Trump said on Monday that neither Netflix nor Paramount Skydance are great friends of his after both companies bid for Warner Bros Discovery.

Read More
image for news Trump says Netflix, Paramount are not his friends as Warner Bros fight heats up
Paramount could still raise their offer for Warner Bros. Discovery: Lightshed's Rich Greenfield
PSKY, WBD
Published: December 08, 2025 by: CNBC Television
Sentiment: Positive

Rich Greenfield, Lightshed Partners co-founder, joins 'The Exchange' to discuss Paramount Skydance's offer for Warner Bros. Discovery, streaming market share and much more.

Read More
image for news Paramount could still raise their offer for Warner Bros. Discovery: Lightshed's Rich Greenfield
'Cash Is Still King': Paramount CEO David Ellison Throws $108 Billion All-Cash Bid To WBD Shareholders
PSKY, WBD
Published: December 08, 2025 by: Benzinga
Sentiment: Positive

In a move that upended the media landscape, Paramount Skydance Corp. (NASDAQ: PSKY) officially launched a hostile, all-cash tender offer for Warner Bros. Discovery, Inc. (NASDAQ: WBD) on Monday.

Read More
image for news 'Cash Is Still King': Paramount CEO David Ellison Throws $108 Billion All-Cash Bid To WBD Shareholders
Paramount goes hostile in bid for Warner Bros., challenging a $72 billion offer by Netflix
NFLX, PSKY, WBD
Published: December 08, 2025 by: TechXplore
Sentiment: Negative

Paramount on Monday launched a hostile takeover bid for Warner Bros. Discovery, initiating a potentially bruising battle with Netflix for the company behind HBO, CNN and DC Studios, and the right to reshape much of the nation's entertainment landscape.

Read More
image for news Paramount goes hostile in bid for Warner Bros., challenging a $72 billion offer by Netflix
Warner Bros. Discovery Confirms Receipt of Paramount Skydance Unsolicited Tender Offer
PSKY, WBD
Published: December 08, 2025 by: PRNewsWire
Sentiment: Neutral

NEW YORK , Dec. 8, 2025 /PRNewswire/ -- Warner Bros. Discovery, Inc. ("Warner Bros.

Read More
image for news Warner Bros. Discovery Confirms Receipt of Paramount Skydance Unsolicited Tender Offer
Warner Bros. Discovery, Inc. (WBD) M&A Call Transcript
WBD
Published: December 08, 2025 by: Seeking Alpha
Sentiment: Neutral

Warner Bros. Discovery, Inc. (WBD) M&A Call Transcript

Read More
image for news Warner Bros. Discovery, Inc. (WBD) M&A Call Transcript
Opinion | The Netflix-Warner Bros. Deal Could Revive Hollywood
NFLX, WBD
Published: December 08, 2025 by: WSJ
Sentiment: Positive

The two companies have complementary strengths that may make the whole bigger than the parts.

Read More
image for news Opinion | The Netflix-Warner Bros. Deal Could Revive Hollywood
Can WBD's $82.7 Billion Takeover Push NFLX Stock Higher in 2026?
NFLX, WBD
Published: December 08, 2025 by: Zacks Investment Research
Sentiment: Neutral

Netflix's $82.7B Warner Bros. Discovery deal faces regulatory hurdles and premium valuation concerns.

Read More
image for news Can WBD's $82.7 Billion Takeover Push NFLX Stock Higher in 2026?
David Ellison: Netflix-WBD deal would give company 'unprecedented market power'
NFLX, WBD
Published: December 08, 2025 by: CNBC Television
Sentiment: Neutral

Paramount Skydance CEO David Ellison warns that the Netflix's acquisition of Warner Bros. Discovery would give Netflix "unprecedented market power.

Read More
image for news David Ellison: Netflix-WBD deal would give company 'unprecedented market power'
Paramount Refuses to Give Up, Launches Hostile Bid for Warner Bros
PSKY, WBD
Published: December 08, 2025 by: 24/7 Wall Street
Sentiment: Negative

Warner Bros. Discovery (NASDAQ:WBD) has been the subject of an intense bidding war pitting Paramount Skydance (NASDAQ:PSKY) against Netflix (NASDAQ:NFLX) and Comcast (NASDAQ:CMCSA) across several rounds of bids.

Read More
image for news Paramount Refuses to Give Up, Launches Hostile Bid for Warner Bros
Netflix And Paramount's Hostile Bid For Warner Bros.: What's Up Next
NFLX, PSKY, WBD
Published: December 08, 2025 by: Forbes
Sentiment: Neutral

The crowning of Netflix as the new King of Hollywood after the Warner Bros. Discovery sweepstakes might be premature as Paramount Skydance has now launched its own hostile takeover bid.

Read More
image for news Netflix And Paramount's Hostile Bid For Warner Bros.: What's Up Next
Trump will "be involved" in Netflix-Warner Bros. deal.
NFLX, WBD
Published: December 08, 2025 by: Yahoo Finance
Sentiment: Neutral

About Yahoo Finance: Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life. - Get the latest news and data at finance.yahoo.com - Download the Yahoo Finance app on Apple (https://apple.co/3Rten0R) or Android (https://bit.ly/3t8UnXO) - Follow Yahoo Finance on social: X: http://twitter.com/YahooFinance Instagram: https://www.instagram.com/yahoofinance/?hl=en TikTok: https://www.tiktok.com/@yahoofinance?lang=en Facebook: https://www.facebook.com/yahoofinance/ LinkedIn: https://www.linkedin.com/company/yahoo-finance

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image for news Trump will "be involved" in Netflix-Warner Bros. deal.
David Ellison: There was 'inherent bias' against Paramount in WBD negotiations
PSKY, WBD
Published: December 08, 2025 by: CNBC Television
Sentiment: Negative

Paramout Skydance CEO David Ellison told CNBC on Monday that there was "inherent bias" against Paramount in negotiations for Warner Bros. Discovery.

Read More
image for news David Ellison: There was 'inherent bias' against Paramount in WBD negotiations
Netflix Stock Falls as $72B Warner Bros Deal Draws Scrutiny
NFLX, WBD
Published: December 08, 2025 by: Schaeffers Research
Sentiment: Neutral

Netflix Inc (NASDAQ:NFLX) unveiled a $72 billion deal on Friday to buy Warners Bros Discovery (WBD) -- including its film studios, HBO, and HBO Max -- pending regulatory approval.

Read More
image for news Netflix Stock Falls as $72B Warner Bros Deal Draws Scrutiny
Paramount launches hostile all-cash bid for Warner Bros. Discovery, competing with Netflix deal
PSKY, WBD
Published: December 08, 2025 by: Proactive Investors
Sentiment: Positive

Paramount Skydance (NASDAQ:PSKY) has made an all-cash offer to acquire Warner Bros. Discovery Inc (NASDAQ:WBD, XETRA:J5A) in a move directly challenging a previously announced deal with Netflix Inc (NASDAQ:NFLX, XETRA:NFC).

Read More
image for news Paramount launches hostile all-cash bid for Warner Bros. Discovery, competing with Netflix deal
Netflix or Paramount? ChatGPT picks clear winner as Warner Bros bidding war escalates
WBD
Published: December 08, 2025 by: Finbold
Sentiment: Positive

The battle for Warner Bros. (NASDAQ: WBD) has intensified as Netflix (NASDAQ: NFLX) and Paramount (NASDAQ: PSKY) submit competing multibillion-dollar bids.

Read More
image for news Netflix or Paramount? ChatGPT picks clear winner as Warner Bros bidding war escalates
Paramount launches hostile takeover bid of Warner Bros Discovery, says offer is ‘superior' to Netflix deal
NFLX, PSKY, WBD
Published: December 08, 2025 by: Fox Business
Sentiment: Positive

Paramount CEO David Ellison announced on Monday the company has launched an all-cash tender offer to acquire the outstanding shares of Warner Bros. Discovery.

Read More
image for news Paramount launches hostile takeover bid of Warner Bros Discovery, says offer is ‘superior' to Netflix deal
Paramount Makes $77.9 Billion Hostile Bid for Warner After Netflix Struck Deal
NFLX, PSKY, WBD
Published: December 08, 2025 by: WSJ
Sentiment: Positive

Paramount launched a hostile takeover offer for Warner Bros. Discovery, taking its case for acquiring the company directly to shareholders just days after Warner agreed to a deal with Netflix.

Read More
image for news Paramount Makes $77.9 Billion Hostile Bid for Warner After Netflix Struck Deal
Paramount Skydance's hostile bid for Warner Bros. Discovery, Berkshire's top stock picker to leave
BRK-A, BRK-B, PSKY, WBD
Published: December 08, 2025 by: Yahoo Finance
Sentiment: Negative

Morning Brief Anchor Julie Hyman reports on the biggest news of the day for Monday, December 8, 2025. Julie reports the breaking news on Paramount Skydance making a hostile bid for Warner Bros.

Read More
image for news Paramount Skydance's hostile bid for Warner Bros. Discovery, Berkshire's top stock picker to leave
Paramount goes to war with Netflix for Warner Bros. Discovery with hostile $108.4B bid
NFLX, PSKY, WBD
Published: December 08, 2025 by: TechCrunch
Sentiment: Positive

Paramount Skydance on Monday launched a hostile, $108.4 billion bid to buy Warner Bros. Discovery (WBD), days after Warner agreed to be acquired by Netflix for $82.7 billion.

Read More
image for news Paramount goes to war with Netflix for Warner Bros. Discovery with hostile $108.4B bid
Nasdaq open higher but Dow falls, Paramount gatecrashes Netflix-Warner deal
NFLX, PSKY, WBD
Published: December 08, 2025 by: Proactive Investors
Sentiment: Neutral

9.55am: Paramount barges into Netflix deal, but markets not set alight Warner Bros Discovery shares have jumped another 7% higher after Paramount gatecrashed the $72 billion deal agreed with Netflix, with a massive $108 billion rival bid. Despite these animal spirits, it's a mixed start on Wall Street.

Read More
image for news Nasdaq open higher but Dow falls, Paramount gatecrashes Netflix-Warner deal
Paramount launches hostile takeover bid for Warner Bros
PSKY, WBD
Published: December 08, 2025 by: Skynews
Sentiment: Positive

Paramount has launched a £108.4bn hostile bid for Warner Bros, challenging Netflix, which had reached a $72bn takeover deal with the company.

Read More
image for news Paramount launches hostile takeover bid for Warner Bros

About Warner Bros. Discovery, Inc. (WBD)

  • IPO Date 2005-07-08
  • Website https://ir.wbd.com
  • Industry Entertainment
  • CEO David Zaslav
  • Employees 35000

Warner Bros. Discovery, Inc. operates as a media and entertainment company worldwide. It operates through three segments: Studios, Network, and DTC. The Studios segment produces and releases feature films for initial exhibition in theaters; produces and licenses television programs to its networks and third parties and direct-to-consumer services; distributes films and television programs to various third parties and internal television; and offers streaming services and distribution through the home entertainment market, themed experience licensing, and interactive gaming. The Network segment comprises domestic and international television networks. The DTC segment offers premium pay-tv and streaming services. In addition, the company offers portfolio of content, brands, and franchises across television, film, streaming, and gaming under the Warner Bros. Motion Picture Group, Warner Bros. Television Group, DC, HBO, HBO Max, Max, Discovery Channel, discovery+, CNN, HGTV, Food Network, TNT Sports, TBS, TLC, OWN, Warner Bros. Games, Batman, Superman, Wonder Woman, Harry Potter, Looney Tunes, Hanna-Barbera, Game of Thrones, and The Lord of the Rings brands. Further, it provides content through distribution platforms, including linear network, free-to-air, and broadcast television; authenticated GO applications, digital distribution arrangements, content licensing arrangements, and direct-to-consumer subscription products. Warner Bros. Discovery, Inc. was incorporated in 2008 and is headquartered in New York, New York.